Hot wallets (e.g., MetaMask, Trust Wallet, Binance) are connected to the internet and convenient for frequent transactions, but are less secure due to the risk of hacking.
Cold wallets (Ledger, Trezor, paper wallets) store keys offline, making them resistant to hacking attacks, but less convenient for quick operations.
My choice: A combination of both.
- Cold wallet (Ledger) I use for long-term storage of large amounts.
- Hot wallet (MetaMask) – for daily transactions and DeFi, but with small amounts.
This approach balances security and convenience.
How do I protect my crypto assets?
1. Hardware wallet – the main way to store private keys.
2. Multsignature (Multisig) – for extra protection, especially in DAOs and teams.
3. Asset separation – I do not keep all funds in one place.
4. Regular software updates – keep wallets and firmware up to date.
5. Caution with phishing – I check the URL, do not enter seed phrases on suspicious sites.
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Best security practices
✅ Never share your seed phrase or private key (even with 'support').
✅ Use hardware wallets for large amounts.
✅ Enable 2FA on exchanges and services.
✅ Check contracts before signing (e.g., via Etherscan).
✅ Backups of the seed phrase – only on paper or in metal storage (not in the cloud!).
✅ Separate devices for crypto operations (without random programs).
Main rule: If something seems too good to be true (e.g., 'free giveaways'), it’s probably a scam.
How do you protect your assets? Share your experience in the comments! 🔐
